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Economy of Burkina Faso vs Gabon compared: GDP & Debt

Updated on by Georank team

Burkina Faso has a GDP of $23.1B compared to $20.9B for Gabon, ranking 122/197 and 127/197 by economy size, respectively.

Burkina Faso has $13.2B in government debt (57.2% of GDP), compared to $15.2B (72.7% of GDP) in Gabon.

Burkina Faso vs Gabon GDP by year

Burkina Faso
Gabon
1x
Year GDP, current $
Burkina Faso Gabon
2024 $23,124,729,853 $20,895,684,426
2023 $20,112,614,449 $19,388,372,071
2022 $18,622,421,395 $20,440,655,695
2021 $19,697,516,284 $19,444,935,097
2020 $17,725,010,533 $15,342,236,164
2019 $16,032,813,503 $16,874,405,465
2018 $15,890,066,221 $16,867,326,402
2017 $14,106,955,615 $14,929,487,485
2016 $12,833,363,045 $14,023,890,265
2015 $11,832,159,316 $14,383,107,763
2014 $13,943,016,077 $18,203,966,896
2013 $13,444,300,486 $17,595,744,798
2012 $12,561,015,157 $17,170,464,016
2011 $12,080,295,978 $18,210,307,744
2010 $10,109,619,741 $14,372,593,020
2009 $9,450,696,873 $12,113,699,068
2008 $9,451,435,490 $15,571,348,344
2007 $7,625,722,837 $12,455,409,587
2006 $6,547,419,820 $10,327,598,306
2005 $6,146,353,173 $9,582,783,991
2004 $5,451,688,538 $7,770,219,008
2003 $4,740,768,143 $6,511,903,365
2002 $3,622,350,063 $5,335,451,100
2001 $3,190,371,081 $5,023,265,413
2000 $2,968,370,088 $5,080,483,629
1999 $3,389,566,713 $4,662,992,036
1998 $2,804,902,367 $4,483,417,310
1997 $2,447,669,102 $5,326,817,115
1996 $2,586,550,595 $5,694,040,003
1995 $2,379,517,975 $4,958,845,648
1994 $1,895,290,637 $4,190,819,344
1993 $3,199,536,465 $4,378,645,081
1992 $3,356,692,505 $5,592,390,827
1991 $3,135,045,584 $5,402,919,785
1990 $3,101,300,779 $5,952,293,765
1989 $2,615,587,734 $4,186,411,464
1988 $2,616,040,479 $3,834,503,376
1987 $2,369,834,950 $3,281,797,043
1986 $2,036,303,358 $3,403,638,189
1985 $1,552,493,196 $3,339,914,757
1984 $1,459,880,132 $3,561,451,561
1983 $1,600,278,605 $3,391,275,732
1982 $1,754,450,096 $3,618,007,841
1981 $1,775,842,334 $3,862,269,121
1980 $1,928,719,888 $4,279,637,942
1979 $1,748,480,621 $3,030,251,120
1978 $1,475,583,645 $2,389,479,272
1977 $1,131,224,878 $2,809,349,069
1976 $976,547,188 $3,009,409,974
1975 $939,972,703 $2,157,592,940
1974 $751,133,430 $1,544,216,002
1973 $674,773,570 $722,780,701
1972 $578,595,522 $430,508,359
1971 $482,411,179 $381,687,073
1970 $458,404,269 $323,802,476
1969 $478,298,645 $318,124,701
1968 $460,442,689 $294,468,564
1967 $450,753,924 $271,543,680
1966 $433,889,766 $245,849,781
1965 $422,916,790 $226,474,286
1964 $410,321,645 $215,679,855
1963 $394,040,667 $154,480,244
1962 $379,567,099 $182,796,536
1961 $350,247,234 $167,637,907
1960 $330,442,816 $141,468,978

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/burkina-faso/gabon | CC BY

GDP per capita in Burkina Faso vs Gabon by year

Burkina Faso
GDP per capita

GDP per capita, PPP
Gabon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burkina Faso Gabon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $982 $2,896 $8,230 $21,510
2023 $873 $2,759 $7,803 $20,756
2022 $827 $2,645 $8,409 $19,993
2021 $896 $2,486 $8,181 $18,524
2020 $825 $2,381 $6,606 $14,477
2019 $765 $2,232 $7,441 $15,950
2018 $777 $2,073 $7,624 $15,432
2017 $709 $2,042 $6,922 $14,797
2016 $664 $1,882 $6,677 $13,998
2015 $630 $1,692 $7,047 $14,306
2014 $765 $1,661 $9,201 $14,854
2013 $760 $1,643 $9,198 $14,498
2012 $731 $1,572 $9,297 $14,620
2011 $725 $1,531 $10,219 $14,784
2010 $625 $1,449 $8,357 $14,015
2009 $602 $1,360 $7,291 $13,384
2008 $619 $1,351 $9,689 $13,734
2007 $515 $1,290 $8,004 $14,391
2006 $456 $1,244 $6,847 $13,637
2005 $441 $1,172 $6,548 $14,028
2004 $404 $1,079 $5,466 $13,638
2003 $362 $1,038 $4,711 $13,564
2002 $285.7 $974 $3,966 $13,369
2001 $259.5 $948 $3,836 $13,556
2000 $248.9 $896 $3,983 $13,326
1999 $292.8 $886 $3,751 $13,629
1998 $249.5 $838 $3,700 $15,138
1997 $223.9 $794 $4,509 $14,837
1996 $242.7 $753 $4,943 $14,147
1995 $229.1 $684 $4,415 $13,750
1994 $187.2 $650 $3,828 $13,164
1993 $324 $644 $4,106 $12,757
1992 $349 $623 $5,386 $12,312
1991 $334 $623 $5,345 $12,760
1990 $339 $567 $6,051 $11,952
1989 $293.2 - $4,374 -
1988 $301 - $4,119 -
1987 $280.2 - $3,624 -
1986 $247.5 - $3,865 -
1985 $194.1 - $3,898 -
1984 $187.8 - $4,273 -
1983 $211.9 - $4,182 -
1982 $239 - $4,584 -
1981 $248.7 - $5,026 -
1980 $277.6 - $5,718 -
1979 $258.5 - $4,155 -
1978 $223.9 - $3,360 -
1977 $176 - $4,048 -
1976 $155.5 - $4,441 -
1975 $152.9 - $3,258 -
1974 $124.7 - $2,384 -
1973 $114.1 - $1,140 -
1972 $99.6 - $693 -
1971 $84.5 - $627 -
1970 $81.7 - $543 -
1969 $86.8 - $545 -
1968 $85 - $515 -
1967 $84.6 - $482 -
1966 $82.8 - $443 -
1965 $82.1 - $415 -
1964 $80.9 - $400 -
1963 $78.9 - $290.7 -
1962 $77.2 - $348 -
1961 $72.2 - $323 -
1960 $69.2 - $276.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/burkina-faso/gabon | CC BY

Burkina Faso's GDP per capita is $982, ranking 180/197, compared to $8,230 in Gabon, ranking 93/197. Adjusted for purchasing power (GDP per capita PPP), Burkina Faso ranks 181st at $2,896, while Gabon ranks 90th at $21,510.

Economic indicators

Burkina Faso Gabon
Gross domestic product
$23.1B
2024
$20.9B
2024
GDP rank
122/197
2024
127/197
2024
GDP growth
4.8%
2023-2024
3.39%
2023-2024
GDP per capita
$982
2024
$8,230
2024
GDP per capita rank
180/197
2024
93/197
2024
GDP per capita, PPP
$2,896
2024
$21,510
2024
GDP per capita PPP rank
181/197
2024
90/197
2024
Government debt
$13.2B
2024
$15.2B
2024
Debt-to-GDP ratio
57.2%
2024
72.7%
2024
Government debt per person
$562
2024
$5,985
2024
Government debt per person rank
162/185
2024
75/185
2024
Average annual personal income after taxes
$2,710
2026
$5,368
2026
Income share by richest 10%
30.2%
2021
27.7%
2017
Income share by poorest 10%
3%
2021
2.2%
2017
Government expenditure, % of GDP
27.8%
2024
24.8%
2024
Consumer prices inflation
4.19%
2023-2024
1.17%
2023-2024
Unemployment rate
3.44%
2024
20.4%
2010
Population
24756783
2663339

Spending and national debt comparison by year

Burkina Faso
Spending

Debt
Gabon
Spending

Debt
1x
Year % of GDP
Burkina Faso Gabon
Government spending Government debt Government spending Government debt
2024 27.8% 57.2% 24.8% 72.7%
2023 29.4% 56.8% 21.5% 70.6%
2022 32.9% 59.2% 19.7% 65.6%
2021 27.8% 55.5% 17.3% 72.9%
2020 24.4% 43.6% 19.8% 83%
2019 23.3% 41.7% 17.4% 59.8%
2018 24.2% 38.1% 17.1% 62.3%
2017 26.3% 33.9% 18.1% 62.9%
2016 21.6% 32.9% 21.8% 64.5%
2015 20.4% 31.3% 22.3% 44.7%
2014 20.9% 26.1% 23.8% 34.1%
2013 25.3% 25.9% 34.7% 31.1%
2012 22.7% 25.2% 23.9% 21.4%
2011 20.4% 24.5% 22.1% 21.4%
2010 21.7% 23.7% 23.1% 21.3%
2009 21.5% 25.9% 22.6% 26%
2008 18.6% 24.9% 18.9% 20.1%
2007 22.8% 22.4% 19.4% 39.2%
2006 21.9% 20.1% 21.1% 34.9%
2005 20.2% 39.2% 20.8% 41.7%
2004 20.3% 40.7% 20.9% 60.3%
2003 17.6% 39.7% 21.2% 70.2%
2002 19.5% 43.3% 25.7% 81.1%
2001 19.7% 46.6% 27.8% 81%
2000 19.8% 47.5% 20.3% 72.5%
1999 21.4% 46.4% 25.5% 73.1%
1998 19.7% 47.7% 45.5% 87.6%
1997 20% 48.4% 29.7% 57%
1996 19.8% 45.8% 22.2% 64.5%
1995 19.4% 48.9% 25.1% 73.4%
1994 17.8% 55.1% 23.9% 71.3%
1993 17.9% 33.6% 26.9% 90.1%
1992 16.7% 29.6% 26.5% 87.9%
1991 17% 28.7% 25.1% 89.3%
1990 18.4% 25.6% 22.6% 90%
1989 14.2% 25.5% - -
1988 16.2% 28.8% - -
1987 19.2% 30.7% - -
1986 16.3% 27.6% - -
1985 11.5% 28.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–2001, retrieved 2026-02-20).

GeoRank.org/economy/burkina-faso/gabon | CC BY

In 2024, Burkina Faso's government spending was $6.43B, accounting for 27.8% of its GDP, while Gabon spent $5.18B, or 24.8% of GDP.

Debt-to-GDP ratio is 57.2% in Burkina Faso and 72.7% in Gabon, ranking 89/185 and 51/185, respectively.

Government deficit by year

Deficit/surplus
Burkina Faso

Gabon
1x
Year Deficit/surplus, % of GDP
Burkina Faso Gabon
2024 -5.84% -3.84%
2023 -6.91% 1.79%
2022 -10.9% -0.89%
2021 -7.45% -1.93%
2020 -5.16% -2.19%
2019 -3.39% 2.13%
2018 -4.43% -0.21%
2017 -6.92% -1.7%
2016 -3.08% -4.71%
2015 -2.09% -1.12%
2014 -1.74% 5.98%
2013 -3.55% -3.07%
2012 -2.76% 6.2%
2011 -2.04% 1.41%
2010 -4.06% 2.7%
2009 -4.16% 6.77%
2008 -3.63% 11%
2007 -5.01% 8.06%
2006 14.3% 8.67%
2005 -4.89% 7.98%
2004 -4.19% 6.99%
2003 -1.79% 7.75%
2002 -4.43% 3.72%
2001 -3.56% 4.07%
2000 -3.03% 11.1%
1999 -3.29% 1.11%
1998 -2.6% -13.1%
1997 -2.64% 1.41%
1996 -1.67% 2.12%
1995 -2.65% 2.64%
1994 -1.89% -1.53%
1993 -3.81% -5.35%
1992 -2.51% -4.9%
1991 -2.77% -2.03%
1990 -7.54% -3.83%
1989 1.96% -
1988 -4.32% -
1987 -5.27% -
1986 -5.1% -
1985 -1.21% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/burkina-faso/gabon | CC BY

In 2024, Burkina Faso's government deficit, the difference between spending and revenue, was $1.35B, equivalent to 5.84% of GDP. This compares to Gabon's deficit of $802M, or 3.84% of GDP.

Over the past 35 years, Burkina Faso recorded a fiscal deficit in 34 of those years, while Gabon ran a deficit in 15 years. On average, Burkina Faso posted an annual deficit equal to 3.49% of GDP, compared to surplus of 1.52% of GDP for Gabon.

Inflation comparison by year

Inflation
Burkina Faso

Gabon
1x
Year Consumer prices inflation
Burkina Faso Gabon
2024 4.19% 1.17%
2023 0.74% 3.63%
2022 14.3% 4.23%
2021 3.65% 1.09%
2020 1.88% 1.35%
2019 -3.23% 2.46%
2018 1.96% 4.75%
2017 1.48% 2.65%
2016 0.44% 2.11%
2015 0.72% -0.34%
2014 -0.26% 4.69%
2013 0.53% 0.51%
2012 3.82% 2.65%
2011 2.76% 1.26%
2010 -0.76% 1.46%
2009 2.61% 1.89%
2008 10.7% 5.26%
2007 -0.23% 5.03%
2006 2.33% -1.41%
2005 6.42% 3.71%
2004 -0.4% 0.41%
2003 2.03% 2.24%
2002 2.18% 0.04%
2001 5.01% 2.14%
2000 -0.3% 0.5%
1999 -1.07% -1.94%
1998 5.08% 1.45%
1997 2.32% 3.97%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/burkina-faso/gabon | CC BY

Over the past 28 years, Burkina Faso has recorded an average annual inflation rate of 2.46%, compared with 2.03% in Gabon. In 2024, inflation was 4.19% in Burkina Faso and 1.17% in Gabon.

Top exports between countries

Burkina Faso
Export category Export value
Raw materials & minerals $121K
Machinery & equipment $81K
Metals $27K
Chemicals & pharma $17K
Textiles & consumer goods $9K
Raw agricultural goods $4K
Miscellaneous $2K
Precious metals & jewellery $2K
Wood & paper products $1K
Gabon
Export category Export value
Machinery & equipment $533K
Wood & paper products $91K
Raw materials & minerals $26K
Chemicals & pharma $5K
Textiles & consumer goods $5K
Metals $2K

Balance of trade

Burkina Faso Gabon
Current account balance
-$1.02B
2023
$141M
2015
Current account balance ranking
122/190
2023
66/190
2015
Current account balance, % of GDP
-5.06%
2023
+0.98%
2015
Goods imports
$5.38B
2023
$3.17B
2015
Goods exports
$5.29B
2023
$5.11B
2015
Service imports
$1.45B
2023
$1.88B
2015
Service exports
$621M
2023
$277M
2015
Imports of goods and services, % of GDP
31.9%
2024
27.5%
2024
Exports of goods and services, % of GDP
28.6%
2024
64.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Burkina Faso Gabon
Economic freedom 49.1 56.6
Economic freedom ranking 167/197 120/197
Property rights 17.6 30
Government integrity 40.2 22.6
Judicial effectiveness 26.1 19.9
Tax burden 80.8 76.5
Government spending 72.9 85.5
Fiscal health 13.4 87.9
Business freedom 37.8 63.6
Labor freedom 62.1 55.4
Monetary freedom 71.9 80.9
Trade freedom 61 57.4
Investment freedom 65 60
Financial freedom 40 40

Economic freedom comparison by year

Burkina Faso
Gabon
1x
Year Economic freedom index
Burkina Faso Gabon
2026 49.1 56.6
2025 51 56.3
2024 51.9 56.9
2023 56.2 56.1
2022 58.3 55.8
2021 56.5 58.1
2020 56.7 56.7
2019 59.4 56.3
2018 60 58
2017 59.6 58.6
2016 59.1 59
2015 58.6 58.3
2014 58.9 57.8
2013 59.9 57.8
2012 60.6 56.4
2011 60.6 56.7
2010 59.4 55.4
2009 59.5 55
2008 55.7 54.2
2007 55.1 54.8
2006 55.8 56.1
2005 56.6 54.8
2004 58 57.1
2003 58.9 58.7
2002 58.8 58
2001 56.7 55
2000 55.7 58.2
1999 55 60.5
1998 54.5 59.2
1997 54 58.8
1996 49.4 55.7
1995 - 57.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/burkina-faso/gabon | CC BY

The Economic Freedom Index for Burkina Faso is 49.1, ranking 167/197, compared to 56.6 for Gabon, ranking 120/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burkina Faso Gabon
Services, % of GDP
43.9%
2024
36.8%
2024
Industry, % of GDP
26.5%
2024
52.9%
2024
Agriculture, forestry, and fishing, % of GDP
20.9%
2024
6.56%
2024
GNI, Atlas method
$20.1B
2024
$19.8B
2024
GNI per capita, PPP
$2,720
2024
$20,400
2024
Total reserves including gold n/a
$1.45B
2023
Total reserves ranking n/a
136/177
2023
Net foreign direct investment
-$64.3M
2023
-$25.3M
2015
Net inflows of foreign direct investment
$82.9M
2024
$1.14B
2024
Net outflows of foreign direct investment
$2.73M
2024
-$33.8M
2019
Servicing debt to the IMF, % of GNI
4.07%
2024
5.67%
2024
Poverty at national poverty lines
43.2%
2021
33.4%
2017
Gross capital formation, % of GDP
21.9%
2024
19.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/burkina-faso/gabon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–2001, retrieved 2026-02-20)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.